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2020 saw the number of dividend cuts and omissions soar in response to the pandemic and the combination of state and local government lockdowns that crippled much of the economy.
Going by the number of dividend cuts announced during the month, the U.S. stock market continued to show signs of a robust recovery in March 2021.
Only the number of dividend declarations suggests the U.S. stock market remains relatively subdued below pre-coronavirus recession levels.